The file S04_34.xlsx shows the conditional distribution of the daily number of accidents at a given intersection

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The file S04_34.xlsx shows the conditional distribution of the daily number of accidents at a given intersection during the winter months, X2, given the amount of snowfall (in inches) for the day, X1. The marginal distribution of X1 is provided in the bottom row of the table.
a. Are X1 and X2 independent random variables? Explain why or why not.
b. What is the probability of no accidents at this intersection on a winter day with no snowfall?
c. What is the probability of no accidents at this intersection on a randomly selected winter day?
d. What is the probability of at least two accidents at this intersection on a randomly selected winter day on which the snowfall is at least three inches?
e. What is the probability of less than four inches of snowfall on a randomly selected day?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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